We'd love to tell you
more about
Strata
Your information will be used to send you relevant information that we believe you will be interested in. I understand my information will NOT be shared with any third party without my express permission and that I can unsubscribe at any time. View our Privacy Policy.
 
Save for later
Please sign in or create your very own account to save and share your Strata favourites.
purchase options - strata

Purchase Options

There are a range of purchase options available to you when buying a new home. From using the Help to Buy scheme to boost your buying power to part exchanging your current home when buying your new one, find out more about the options and which ones are right for you.
From using the Help to Buy scheme to boost your buying power to part exchanging your current home when buying your new one, find out more about the options.
Buying a new home
Help to Buy equity loan

Buy a new home with 5% deposit


This scheme allows you to own 100% of your home and only pay 80% of the price upfront. You provide the 5% deposit and the government will lend you up to 20% as an equity loan. You can then apply for a mortgage based on the remaining 75% of the house price.
 
The equity loan is interest-free for five years and the scheme is available on new build homes up to the value of £600,000. 

Find out more  How much can i afford 
Part Exchange

We will buy your home


Our Part Exchange option means we could buy your home for 100% of its market value, leaving you free to buy one of ours.

This means there will be no estate agent fees to pay and no chain, helping you move into your new home sooner than expected. 

With Part Exchange, you will have an offer for your home within five days. We can give you a guaranteed price for your existing property so you can get moving.

For more information and to find out if the Part Exchange option is right for you, please contact a Customer Experience Manager.

Value My Home
Assisted selling plan

A bespoke selling plan for homeowners


The Assisted Selling Plan is designed to help homeowners climb the property ladder. As part of the scheme, we will organise the sale of your existing home, making sure you receive the best possible price. This will allow you to reserve your new home with us.

We will create a personal selling plan, including a review of the property market in your area and an agreed sale price for your home based on two independent valuations. We will work closely with the nominated estate agent to arrange all viewings and enquiries. All offers will be presented to you, and our Customer Experience Manager will guide you through the negotiation process. 

Once you accept an offer we will track the sale of your home, while you start planning for your brand new one.
 
If your chosen home is ready within a four-month period, we may offer to buy your existing home in part exchange.

Find out more
Home Reach shared ownership

Buy up to a 75% share of your new home with Home Reach


With the Home Reach shared ownership scheme, you can buy up to a 75% share of your new home now, and pay a small monthly rental fee on the remaining percentage of your home until you are ready to own the full 100%.

You can purchase your share with cash or by taking out a mortgage, with as little as 5% deposit. You will pay rent of 2.75% of the value of the unowned share, which will be paid monthly by direct debit to Heylo.

You are eligible to purchase a Strata home using Home Reach if:
 
- Your household income does not exceed £80,000 per annum
- You have saved a deposit (at least 5% of the share value)
- You are a first-time buyer / previously owned a home, but cannot afford to buy outright at the moment
- The shared ownership home will be your only home
- You have passed an Affordability Check
- You have registered with a Help to Buy Agent (ask our team for more details)

Find Out More
TBC
Purchase Options FAQs
What is the Help to Buy scheme?

Help to Buy is a government-funded scheme that allows you to buy a new build home with 5% cash deposit and a 75% mortgage from a commercial lender. The remaining 20% is borrowed from the government and is interest free for the first five years.

Do I need a mortgage in principle?

Not every house purchase requires a mortgage in principle, but it can be reassuring to have one, especially if your new home might not be completed for several months. A formal mortgage offer might have expired by the time your home is ready.

Can I increase my mortgage or take out an additional loan?
You must have any further loans or mortgage advances approved by the Post Sales Help to Buy Agent.

Our collection of new homes

View all collections
Verve development strata
Verve
Two-five bedroom homes in Castleford
Temptation development strata
Temptation
Four-five bedroom homes in Burton on Trent
Rhythm Development Strata
Rhythm
Three-four bedroom homes in Pontefract
Finesse development strata
Finesse
Three-five bedroom homes in Leeds
encore development strata
Encore
Four-five bedroom homes in Brizlincote
Esteem development Strata
Esteem
Three-five bedroom home
Attraction Development Strata
Attraction
Four bedroom homes in Hull
360 new homes by strata
360
Four & five bedroom homes in Chesterfield
Radiance development strata
Radiance
Four-five bedroom homes in Shepshed
Lavish development strata
Lavish
Four-five bedroom homes in Micklefield
Kudos development strata
Kudos
Four-five bedroom homes in Leeds
Elegance development strata
Elegance
Three-five bedroom homes in Pontefract
Belong development strata
Belong
Four bedroom homes in Eckington
Our website uses cookies
We use cookies on our website. If you would like to know more about what cookies are and how we use them please click here for more information.